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Goke Microelectronics Co (SZSE:300672) Accounts Payable & Accrued Expense : ¥896 Mil (As of Mar. 2024)


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What is Goke Microelectronics Co Accounts Payable & Accrued Expense?

Goke Microelectronics Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥601 Mil) to Dec. 2023 (¥988 Mil) but then declined from Dec. 2023 (¥988 Mil) to Mar. 2024 (¥896 Mil).

Goke Microelectronics Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥390 Mil) to Dec. 2022 (¥276 Mil) but then increased from Dec. 2022 (¥276 Mil) to Dec. 2023 (¥988 Mil).

Goke Microelectronics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Goke Microelectronics Co's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Goke Microelectronics Co Accounts Payable & Accrued Expense Chart

Goke Microelectronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.03 205.55 390.21 275.84 987.58

Goke Microelectronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 203.81 244.40 600.89 987.58 895.97

Goke Microelectronics Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Goke Microelectronics Co (SZSE:300672) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Goke Microelectronics Co Ltd (SZSE:300672) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
No.9, Dongjie Road, Economic and Technological Development Zone, Hunan, Changsha, CHN, 410131
Website
http://www.goke.com
Goke Microelectronics Co Ltd is an integrated circuit design enterprise based in China. The company develops chips and solution for digital cable, satellite, DTMB, and internet. It also provides professional services such as especially application platform, reference design and coordinate software systems. Its other product range consists of NDS advanced security decoding chip, H.265 high-definition chip, high-end acoustic chip, Wi-Fi chip, the high-end solid storage controlling chip and high-definition security monitor chip.
Executives
Zhou Shi Bing Directors, executives
Huang Lu Hua Supervisors

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